Live poker - Help

    • Chrisrules334
      Chrisrules334
      Bronze
      Joined: 04.01.2012 Posts: 81
      Hi Pokerstrategy,

      I would like to play poker live in the casinos - however the casinos appear to charge an hourly rate rather than taking rake.

      My question is:
      £1/£2 Stakes, £5 per hour - Is this good? And is it worth playing?

      Thanks,

      Chris
  • 14 replies
    • Chrisrules334
      Chrisrules334
      Bronze
      Joined: 04.01.2012 Posts: 81
      Bump - Anyone help?
    • Mikus8
      Mikus8
      Gold
      Joined: 06.10.2011 Posts: 241
      I think it's nothing from casino point of view, that's 2.5BB an hour, If you think that is a lot then you probably shouldn't be playing £1/£2.
    • bradomurder
      bradomurder
      Bronze
      Joined: 17.10.2008 Posts: 1,329
      holy moly my golly that is the best casino rake you'll ever see
    • nefarious26
      nefarious26
      Bronze
      Joined: 02.11.2008 Posts: 413
      Originally posted by bradomurder
      holy moly my golly that is the best casino rake you'll ever see
      i know the casino he is talking about, the dealer only has one arm and he drops the deck alot while shuffling so its not as good as it sounds
    • VorpalF2F
      VorpalF2F
      Super Moderator
      Super Moderator
      Joined: 02.09.2010 Posts: 9,415
      Originally posted by nefarious26
      Originally posted by bradomurder
      holy moly my golly that is the best casino rake you'll ever see
      i know the casino he is talking about, the dealer only has one arm and he drops the deck alot while shuffling so its not as good as it sounds
      :D :D :D
      You're in fine form tonight!
      Running good are we?

      As someone mentioned, the fee the OP quoted works out to 2.5 BB/Hr.

      Assume that the table plays 50 hands per hour.
      So it costs 5BB/100 to play there.

      If you're winrate at NL 200 is > 5BB/100 it is a good deal.
      If not, then it probably isn't.

      --VS
    • nefarious26
      nefarious26
      Bronze
      Joined: 02.11.2008 Posts: 413
      Originally posted by VorpalF2F
      Originally posted by nefarious26
      Originally posted by bradomurder
      holy moly my golly that is the best casino rake you'll ever see
      i know the casino he is talking about, the dealer only has one arm and he drops the deck alot while shuffling so its not as good as it sounds
      :D :D :D You're in fine form tonight!Running good are we?
      As someone mentioned, the fee the OP quoted works out to 2.5 BB/Hr.

      Assume that the table plays 50 hands per hour.
      So it costs 5BB/100 to play there.

      If you're winrate at NL 200 is > 5BB/100 it is a good deal.
      If not, then it probably isn't.

      --VS

      ok i guess, had worse days

      [img][IMG]https://img526.imageshack.us/img526/6662/capturetoday.jpg[/IMG] Uploaded with ImageShack.us[/img]
    • i5bet72o
      i5bet72o
      Bronze
      Joined: 17.06.2010 Posts: 1,615
      This rake is soo awesome and definatly worth playing IF you have an appropriate BR.
      This rake is soo low that it is probally -EV for the casino to host these games (dealers/floormen/securty/fixed costs of tables and shufflers, etc.). In almost all places, poker is the least profitable game for any casino to spread but it brings people into the casino whom the casino managers hope will play other games.
    • CHARMANDER06
      CHARMANDER06
      Bronze
      Joined: 06.08.2010 Posts: 301
      Hello, I dont want to hijack the thread, but what is the average rake in casinos? Where I play its 10% per pot that goes to flop and max 3$ for NL100.
    • i5bet72o
      i5bet72o
      Bronze
      Joined: 17.06.2010 Posts: 1,615
      Originally posted by CHARMANDER06
      Hello, I dont want to hijack the thread, but what is the average rake in casinos? Where I play its 10% per pot that goes to flop and max 3$ for NL100.
      Thats definatly on the high side but still very beatable. Mine is 5% up to $5 in 1/2 500 max and the same at 2/5 2K max.
    • ThatGuyMatt
      ThatGuyMatt
      Bronze
      Joined: 03.12.2010 Posts: 3,761
      Originally posted by CHARMANDER06
      Hello, I dont want to hijack the thread, but what is the average rake in casinos? Where I play its 10% per pot that goes to flop and max 3$ for NL100.
      Ours in 5% up to £5 on both 0.5/1 and 1/1 tables. Not sure on the 1/2 tables as its VERY rare they run.

      As for paying only £5 Rake for an hour, I'd bite their arms off.
    • CallumN
      CallumN
      Bronze
      Joined: 04.01.2012 Posts: 1,141
      You realise the £5 a hour is from every player though.

      Good for lags bad for nits imo
    • stripofbacon
      stripofbacon
      Bronze
      Joined: 08.11.2011 Posts: 374
      Originally posted by VorpalF2F

      Assume that the table plays 50 hands per hour.
      So it costs 5BB/100 to play there.

      If you're winrate at NL 200 is > 5BB/100 it is a good deal.
      If not, then it probably isn't.

      --VS
      I think live it's more like 20-25 hands per hour
    • Chrisrules334
      Chrisrules334
      Bronze
      Joined: 04.01.2012 Posts: 81
      I understand the £5 is not much - it was only due to the speed of dealing and there only being 30 hands or so an hour and therefore not being dealt too much, only have to steal a few blinds... :) - The casino is quite a nice one (Genting) - As I live in the UK live poker is a rarity however I shall go and have a play down there :)
    • i5bet72o
      i5bet72o
      Bronze
      Joined: 17.06.2010 Posts: 1,615
      Originally posted by CallumN
      You realise the £5 a hour is from every player though.

      Good for lags bad for nits imo
      The house only taking 50 Pounds per hour off the table is rediculusly good for everyone at the table tho you are right time rake is better for LAGs.